Nasdaq 10,000, or whatever

After touching the 10,000-point milestone yesterday, the Nasdaq Composite set a new all-time intraday high this morning of 10,028.61, per Yahoo Finance. In more normal times this would be a fanfare moment, the culmination of a long rise in the tech-heavy index indicative of an industry’s rising power. Instead, it feels a bit grubby in […]

Insurance data analytics platform Planck raises $16 million Series B

Planck, an AI-based data platform for insurance underwriting, announced today that it has raised a $16 million Series B led by Team8 Capital. All of the startup’s existing investors—Viola FinTech, Arbor Ventures and Eight Roads—also participated, while Nationwide and Hannover Digital Investments joined as strategic investors. Based in New York, Planck provides large insurance companies […]

News Brief: May updates from the Google News Initiative

Last month, journalists around the world continued to adapt how they’re providing news coverage for their communities. Through the Google News Initiative, we’re working to support those efforts. Expanding tools for local newsroomsGoogle News Initiative...

Vendr raises $4M from David Sacks’s Craft Ventures to reduce SaaS bills

When TechCrunch last checked in with the Y Combinator-backed Vendr in October, the company had just raised $2 million, and was crowing about its profitability. Profitable seed-stage companies aren’t super common, so the startup stood out. Today Vendr is back with more news, namely that it has raised $4 million more, this time led by […]

Tesla shares surpass $1,000 on Semi truck production memo

Tesla CEO Elon Musk said in a memo its time to “go all out” and start volume production of the Tesla Semi, the all-electric Class 8 truck revealed nearly three years ago. CNBC first reported on the memo that was sent to all employees. TechCrunch has also viewed the brief memo, which lacked details such […]

M1 Finance raises $33M Series B as it reaches $1.45B AUM

Today M1 Finance, a Chicago-based fintech startup focused on consumer finance, announced that it has closed a $33 million Series B. Left Lane Capital led the round, with participation from Clocktower Technology Ventures and Jump Capital. The firm has raised around $54.5 million to date. M1 Finance caught TechCrunch’s attention earlier in the year when […]

Babylon Health admits “software error” led to patient data breach

Babylon Health, a UK AI chatbot and telehealth startup which has been valued in excess of $2BN, has suffered an embarrassing data breach after a user of the app found he was able to access other patients’ video consultations. “Why have I got access to other patients video consultations through your app?” tweeted Rory Glover […]

The pace of startup layoffs may be slowing down

Startups hit the brakes in March as COVID-19 took a toll on the global economy. As certain industries ground to a halt, cohorts of startups made staffing cuts, including those focused on serving restaurants and travel. The waves of startup layoffs in the COVID-19 era hit companies large and small, impacting even the richest, most […]

MessageBird launches an ‘omni-channel’ Intercom competitor

Following the launch of Inbox.ai in March — its “Slack for external communications” — Amsterdam-headquartered MessageBird is continuing to place big bets on a messaging-first future. Not content with building a platform for customer service teams that lets them communicate with customers on a channel of their choosing, including all of the most popular messaging […]

Fleksy rolls out an SDK for its AI keyboard

The developers behind Fleksy have launched an SDK for Android and iOS to scale demand for white labelling of their AI keyboard software which bakes in privacy-safe next-word prediction. Swipe-style input (which it calls Fleksywave) is also in beta and slated to roll out soon. Fleksy competes for smartphone users’ digits with giants like Google’s Gboard […]

Why Do People Visit Websites Today? via @JulieJoyce

Many people who are stuck at home are spending time online. Here are the top eight reasons why visitors check out websites nowadays.The post Why Do People Visit Websites Today? via @JulieJoyce appeared first on Search Engine Journal.

Flatfile scores $7.6M seed investment to simplify data onboarding

One of the huge challenges companies like enterprise SaaS vendors face with new customers is getting customer data into their service. It’s a problem that Flatfile founders faced first hand in their jobs, and they decided to solve it. Today, the company announced a healthy $7.6 million seed investment to expand on that vision. The […]

Tech giants must open up about the coronavirus ‘infodemic’, say EU lawmakers

Platforms still aren’t doing enough to tackle disinformation related to the coronavirus crisis, the European Commission said today. In a Communication it is pressing tech platforms to produce monthly reports about their efforts in this area, asking for more detailed data on actions being taken to promote authoritative content; improve users’ awareness; and limit coronavirus […]

Hear from Figma founder and CEO Dylan Field at TC Early Stage in July

Figma is one of the fastest-growing companies in the world of design and in the broader SaaS category. So it goes without saying that we’re absolutely thrilled to have Figma CEO Dylan Field join us at Early Stage, our virtual two-day conference on July 21 and 22, as a speaker. You can pick up a […]

NS8 raises $123M led by Lightspeed for its suite of online fraud prevention tools

Online fraud costs people and organizations billions of dollars each year — with one aspect alone, identity fraud, a $16.9 billion problem in 2019, says Javelin Research, and each dollar of spend online estimated to cost $3.13 in fraud recovery, according to LexisNexis Risk Solutions. Today, a startup that’s built a platform to identify and prevent […]

Direct-to-consumer startup studio Innovation Department raises $3.7M

Innovation Department, a startup building a portfolio of direct-to-consumer brands, is announcing that it has raised its first outside capital in a $3.7 million funding round It’s only launched one of those brands so far — WellPath, which offers customized nutritional supplements. But the next, a pet wellness brand called Finn, is scheduled to launch […]

Alibaba taps international influencers to sell more globally

For years, Chinese e-commerce exporters have been learning the ins and outs of ad placement on Facebook, Instagram and other mainstream social media platforms to reach customers around the world. But they recently spotted a new way to grab people’s attention, one that has never felt more familiar. Video influencers. Shopping via videos is currently […]

Stand out from the crowd: Apply to TC Top Picks at Disrupt 2020

This is one [expletive deleted] tough time to be an early-stage startup founder. But giving up simply isn’t part of startup DNA. Instead, it’s time to do whatever it takes to catch the eyes and imagination of investors, media and other tech and business influencers. Here’s an easy way to begin. Apply to be a […]